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Search Results 0 to 49 of about 84 (some duplicates have been removed)
PBS
Sep 4, 2012 7:00pm EDT
emphasize the major themes of president obama's reselection campaign captured by firstç lady michele obamaç and we'll bailiff you tt with -- bring you that with other speeds. >san antonio mayor julio castro plus other major speeches tonight. on-line you can find our 24 hour live stream coverage events inside and outside the hall. >> ifill: let's get started right down to the floor to ray suarez who will be with us tonight and the rest of the conventions. ray suare. >> suarez: we will hear from senate majority leader harry reid of november and house minority leader nancy pelosi of california. later on there will be video tributes, the first to fermenter president jimmy carter and one to the late senator edward kennedy of massachusetts. and of course much later tonight as judy mentioned, the keynote from the 37 year old mayor of san antonio texas, hoolian julit trocastroand michelle obama, tht lady of the united states. >> woodruff: mark shields and draifd brooks were with us last weak in tampa and they are here with us in charlotte. what does this line up tonight say to you what the
PBS
Sep 6, 2012 6:30pm PDT
. economy. stocks are at their highest point since president obama took office. still, many americans are asking themselves if they're better off now than they were four years ago. investors are looking at their financial statements as a guide. but as erika miller explains, that doesn't necessarily mean americans are feeling better about their economic situation. >> reporter: four years ago, the financial crisis was getting worse and the global economy falling off a cliff. so it's no wonder many americans are feeling better about their financial situation now versus four years ago. >> i'm better off right now than i was four years ago by a long shot. >> i feel more comfortable, because i'm older, i have more of a vision of what i want for my future. >> reporter: but others say they're worse off, especially those living paycheck to paycheck or out of work. >> three years ago, i had a job. i've been disemployed for a year now. >> reporter: and plenty of other americans aren't exactly sure where they stand. >> i don't know if i have a lot to base it on; i'm just a couple of years out of scho
PBS
Sep 13, 2012 1:00am PDT
different. sylvia hall, "n.b.r.," washington. >> tom: about 70% of hispanic voters favor president obama in the upcoming election according to the latest gallup poll. but experts say getting them to cast votes could be tricky. many hispanic businesses say they're disappointed by obama's handling of the economy, healthcare and immigration. diane eastabrook has more. >> reporter: alfonso silva's biscuits and cookies have been making mouths water in chicago's pilsen neighborhood for three decades. but in recent years he's seen a drop off in customers. >> sometimes it's okay, but sometimes it's very bad because of the economy. >> reporter: boarded up storefronts throughout pilsen reflect the toll the sour economy has taken on hispanic businesses in chicago and across the nation. unemployment is part of the problem. in august the jobless rate among hispanics was 10.2%. almost 2% points higher than the overall rate. >> because of the level of unemployment people are not spending as they were in previous years and that certainly is going to hurt a business that deals directly with consumers. >> re
WETA
Sep 17, 2012 6:30pm EDT
between the white house and china over trade. the obama administration complains about new trade abuses on auto exports, china fires back on unfair trade practices by the u.s. from stocks to oil and gold prices, we get the outlook for what to expect between now and the end of the year. and a birthday for "occupy wall street". while protests and arrests mark the movement's first anniversary, a look at what it's accomplished. that and more tonight on "n.b.r."! trade tensions between the united states and china are heating up again. this morning, the two countries challenged each other in the world trade organization. the u.s. is accusing china of illegally subsidizing auto and auto parts exports, and hurting u.s. made goods. and china claims trade laws here, open the door for illegal tariffs on a wide range of chinese products. sylvia hall breaks down what's behind the latest flareup. >> reporter: here in the u.s., the auto and auto parts industries employ about 800,000 american workers. the government says those workers are hurt by the money china gives to subsidize its own auto industry
WETA
Sep 25, 2012 6:30pm EDT
no entity. obama is ahead. all the polls in the key states, the battleground states, obama has a lead as well. the markets discounted an obama win, and as a result, this bullish for risk, and for oil as well. >> how high do you continuing crude could go? >> i think $96, $97. not because of an obama victory, but because of bifurcation economically around the world. oi. the split side, what happen fist we can have a romney victory. >> i think oil rallies in either case. if romney wins, it rallies more, because romney victory is risk conducive which would send oil higher. >> ho how big is the uncertaint? >> much less than a few months ago. the morkt has begun to sdounlt an obama victory. not because of political uncertainty, but more because of economic certains. >> once we get beyond the election, what will be the driver for crude? >> economic growth, hands down. fi. we look at the crude contracts >> one of the benefits of trading crew, is you can trade it on the front months and also the supply and demand five, six, sen, eight years down the road. if you look at crude now, 12, 18
PBS
Sep 26, 2012 4:30pm PDT
act, the so-called obama care. this data comes in as this act continues to take effect as well as take shape. among the goals is to bend the cost curve, but at least initially seems like that cost curve is getting steeper. >> i think one of the things to keein mind is thatthe affordable care act, most of the provisions come into play in 2014. >> tom: so lots of years to go there. we do have to note that you're talking to us despite the fact you're feeling under the weather yourself so, we'll let you go see the doctor tonight. david newman works the health care cost institute. >> tom: all this week, we've been looking at the view of the presidential election, from the trading pits. tonight "politics and the pits" takes us to gold. here's erika miller with trader anthony neglia. >> what happened to the price of gold if obama is reelected. >> if obama remains in office i believe a throft same policys will be put in place, interest rates will remain low until 2016, and i meef that the quantitative easing is going to have to play a large part in getting our economy off the ground, so i
WETA
Sep 10, 2012 6:30pm EDT
reforms endorsed by the obama administration. >> reporter: chicago public school teachers pounded the pavement all day before the city's board of education headquarters. most wouldn't talk about their contract dispute with the city, but one supportive spouse did. >> they deserve whatever they need to teach our children. it's just pretty sad that it has to get to this extent. >> reporter: while wages and benefits are an issue with the nearly 30,000 educators-- an even bigger one concerns how mayor rahm emmanuel wants to evaluate them. the mayor is backing an obama administration policy that evaluates instructors based on student test scores. the teachers argue the broader community and families also influence learning. labor expert robert bruno says the teachers see current plan as an attack on public education. >> so from their perspective they're not just bargaining some narrow bread and butter issues, but they're looking at the collective bargaining process as a way to truly transform in a dramatic way what public education can and should be. >> reporter: mayor emmanuel also wants t
PBS
Sep 5, 2012 6:30pm PDT
has become a rally cry at this week's democratic national convention. and president obama is hoping a lot of voters say "yes". for small businesses the answer is both "yes" and "no". job cuts led some entrepreneurs to open their own businesses. but, some firms say the last four years have been harder for them. diane eastabrook has more. >> reporter: matt kollar spends much of his days stocking shelves at his hardware store in chicago's lincoln square neighborhood. kollar got the idea to open the store four years ago. and even though he had a solid business record as a theater set builder, it took kollar two years to get a loan. >> i went to 12 different banks. i went to all the local banks. i had three banks fail on me after approving the loan. >> reporter: across the u.s. many small businesses say the past few years have been among their toughest. >> we've done well, but our profits have shrunk and gotten eaten up by a lot of other things: insurance, taxes, and other things, rent, etc. >> reporter: the national federation of independent business says in 2009 its small business optimi
PBS
Sep 4, 2012 6:30pm PDT
charlotte, north carolina. first lady, michelle obama takes center stage with the prime time speech expected to focus on the personal side of president obama, but likely will be an economic message as well. the president has been focusoth middle class in recent campaign appearances looking forward to the convention speech on thursday night, and stay focused. >> the former chairman of the white house council of economic advisers joins us from the convention. austan welcome back to nbr. are americans better off now than four years ago? now do you answer that? >> on average yes. >> in 200 noox*ib, it was january but one of the first economic months in this country. we lost 800,000 jobs, and the stock market collapsed a net worth of something like 40%. so i think we're a long, long way that from, and anybody who thinks that they would like to trade places with last month versus january, 2009, but likely asleep then. >> we asked are they as good today as they thought they would be four years ago'd: perhaps there's a more difficult question for the administration, isn't it? >> if you're a
PBS
Sep 4, 2012 1:00am PDT
ten years, look for roughly $800 billion in higher revenue if president obama is reelected. but if romney takes the white house, he'll like raise taxes somewhere in the range of $250 billion. the rest would come from spending cuts. more from cuts in health care and entitlements under romney. more from defense under president obama. add it all up, and the size is somewhere around two or three trillion dollars. the goal of the package is clear. >> all three of the major ratings agencies have said that if congress doesn't pass significant deficit reduction-- enough to make debt to g.d.p.-- put is on a sustainable path within a reasonable period of time, that they'll all downgrade. and i think that's going to become the bogey. >> darren: a $2 trillion or $3 trillion deficit reduction package would be a sizeable step towards stabilizing our debt. but not everyone thinks such an outcome is likely. >> i don't see how the politics of this has changed very much. i don't see more people suddenly willing to change on anything. the election is polarization, hyper partisan, and not really provi
PBS
Sep 28, 2012 6:30pm PDT
we just have to build that into our model and say that's not going to change. so if obama gets elected they stay in. if romeny gets elected which he won't then he can't necessarily change it so let's just build that those tax cuts are gonna expire at the end of the year period. the one thing that i can tell you that is very troublesome to me as i look at prices, as i look across as i look at hog prices priced for next summer, i look at cattle prices, i look at grain prices and that is that why is it that we ignore the food and energy component of cpi? so, i could be ben bernanke's speech writer because he says the same thing every time he goes in front of the senate is we don't see any particular problem with inflation. really, we don't corn prices just nearly double in three months. so, how is it there is no inflation? >> reporter: do you get any sense that the ethanol mandate is going to change under either administration under obama or if romney would get elected? >> well is sure seems like the word ethanol has turned into a pejorative and it's not exactly the most positive
PBS
Sep 11, 2012 7:00pm EDT
been too cozy with the treasury and the obama administration. but that concern may fade after the election. >> i think you'd see a move away from that, so that's easy to say now, before someone has the reins of power. if... when they actually get the reins of power, they might actually prefer to have a more cozy relationship. >> reporter: the three men most often mentioned as likely romney fed picks are columbia business school dean glenn hubbard, harvard economist greg mankiw, and stanford economist john taylor. >> among those, i think mankiw would be the most activist and taylor would be the least activist. mankiw would perhaps be the most likely to consider q.e. right now; taylor would be opposed. >> reporter: taylor has criticized bernanke for the fed's aggressive bond buying and is considered an inflation hawk. while hawks may be popular during an election, actually picking one for fed chairman may not sit well with a new president concerned about boosting growth. for his part, hubbard has given few signals about monetary policy, though he has praised ben bernanke and done a
PBS
Sep 21, 2012 6:30pm PDT
% of their income. romney has faced mounting pressure from president obama and democrats to release more financial and tax information. this time, he and his wife ann released last year's returns and a summary of their tax history over the past 20 years. >> reporter: mitt romney's been pretty busy on the campaign trail, maybe that's why he got an extension on his taxes returns,which he filed today. >> i will not apologize for mitt and ann romney's 14% tax rate from last year could have been lower. they only claimed about half of their charitable donations, but the romneys earn most of their money from investments, so they paid a lower rate than other wealthy americans. according to the tax policy center, the richest tax payers- those with incomes over $2.4 million paid an average effective tax rate of 21.5% last year. the release comes after months of political pressure for romney to open up about his finances and closes a collossally bad week for the campaign. monday, liberal magazine "mother jones" posted this video of the candidate telling donors nearly half of americans don't pa
WETA
Sep 18, 2012 6:30pm EDT
described supporters of president obama as "dependent upon the government." >> there are 47% of the people who will vote for the president no matter what. all right, there are 47% who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name- it. that-- that's an entitlement, and the government should give it to them. and they will vote for this president no matter what. >> tom: now, late last night, romney said his comments were about the political process of attracting voters. >> of course, individuals are going to take responsibility for their lives. my campaign is about helping people take more responsibility and becoming employed again, particularly those who don't have-- don't have work. this whole campaign is focused on getting people jobs again, putting people back to work. >> tom: the number romney used in his fundraising comments, 47%, may have come from this man's group. donald marron is the director of th
PBS
Aug 31, 2012 7:00pm PDT
from that category one hurricane. president obama will tour the area on monday, for a first hand look at conditions. >> tom the weather conditionshey today besides the stuff going on with the fed and bernanke in jackson hole. investigators closed out the day and the month of august on the upside. >> the rally here continues, al. let's get to it with tonight's market focus. >> we saw in the major indiceso. stocks saw a modest positive reaction to the federal reserve chairman's comments on the economy today. the s&p 500 spent the session in positive territory, except for just a couple of minutes as ben bernanke began his speech this morning in wyoming. trading volume picked up just a little from the low levels this week. 745 million shares on the big board. just under 1.4 billion on the nasdaq. all three of the major indices are lower tonight compared to a week ago. the dow industrials was down a half percent for the week. the nasdaq slipped just one- tenth of a point. and the s&p 500 fell 0.3% but for the month of august: gains. the dow was up 0.6% this month. the nasdaq gained 4.
PBS
Sep 13, 2012 4:30pm PDT
statement calling q.e.-3 a bailout for president obama's poor economy. some economists argue bernanke is risking another outburst of inflation when the economy turns around. bernanke says the fed's research shows that's a manageable concern. the bigger fear he sees is that the economy will stumble along indefinitely. >> we're not going to be premature in removing policy accommodation. even after the economy starts to recover more quickly, even after the unemployment rate starts to move down decisively, we're not going to rush to tighten policy. we're going to give it some time to make sure the recovery is well-established. >> reporter: bernanke says businesses will also be more willing to spend and invest if they know the federal reserve is fully committed to getting the economy moving again. darren gersh, nbr, washington. >> susie: joining us now with more analysis, randall kroszner, former governor of the federal reserve, and now professor at the university of chicago booth school of business. randy so, great to have you on this important day to get your take on the fed. te
PBS
Sep 25, 2012 1:00am PDT
market right now, an obama victory or a romney victory? >> i think it is either president is going get elected i think the market will react the same way. i think the market will still move higher because what we have seen is the economic data that has been coming out of washington has supported this rally that we've seen. job numbers are getting better. housing numbers are getting better. not at the speed in which everybody would like to see it but yes, things are getting better. >> even after the election we still have the overhang of the fiscal cliff. how are traders viewing that threat. >> that's scary it is a date on the calendar that keeps getting pushed but we know is out there and something like that is going to come. but as time gets pushed out there are some really big dark clouds that are there and i think investors will have to figure out who they think is going to be best to get us through there. do you take the-- incumbent president who has been sitting there and part of these issues and part of the solutions that are there, or dow take the wall street type of guy who mig
Search Results 0 to 49 of about 84 (some duplicates have been removed)